Biden Administration Extends Attack on the Free Market in New Rules on Student Debt

Student loan borrowers gather near the White House to tell President Biden to cancel student debt in Washington on May 12, 2020. Paul Morigi/Getty Images for We, The 45 Million

Commentary

Instead of addressing the college debt crisis, the Biden administration has proposed new rules designed to punish for-profit colleges and stick taxpayers with billions of dollars in debt forgiveness.